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$BTC dumped all its gains and continues to chop sideways

Yesterday I mentioned that another drop lower would serve as a breakdown and send it to 57,000–55,000 we'll likely see that soon

I'm not taking any trades for now just waiting for a clearer level
BTC-1.18%
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OrderCancellerAfterTheRain
· 3h ago
Wait until a clear level appears before entering; position management is a hundred times more important than prediction.
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CheckingEthInTheElevator
· 3h ago
It's wise to wait and see. This kind of choppy market is the easiest to get rekt. Wait until the direction is clear before making a move.
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Stop-LossForBluePeony
· 3h ago
Bro, chill, jumping in now is just paying fees to the market makers.
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OffshoreWindOrder
· 4h ago
This BTC trend looks similar to that wave last November—it’s grinding people down until they’re fed up and have no temper.
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SymbolsInTheReflection
· 4h ago
55k is indeed a key support level; if it breaks, panic selling will come out.
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